Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $15,000 and will produce cash flows as follows: End of Year Investment B $8,000 $ 8,000 8,000 24,000 2 The present value factors of $ each year at 15 are: 1 .8696 0.7561 2 3 The present value of an annuity of $1 for 3 years at 15% is 2 2832 The net present value of Investment AS Multiple Choice $18,266. O $(15,000) $9,000. $(20,549). $3,266